Vietnamese electric vehicle manufacturer VinFast Auto Ltd. named on Saturday its founder and Chairman of the Board of Directors Pham Nhat Vuong as CEO. He is succeeding Le Thi Thu Thuy, who will now assume the position of chairwoman of the board. The company also announced Nguyen Thi Lan Anh will become the new chief financial officer, replacing David Mansfield.
"The Board believes that Mr. Pham is uniquely suited to take on the CEO role at this important phase of VinFast's development, given his industry experience from founding and growing VinFast and his track record of leading [VinFast parent company] Vingroup, the largest conglomerate in Vietnam with its market-leading businesses across the industrials, technology, real estate and social services sectors," the automaker said in a statement.
